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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Terry Maloney who wrote (12325)	5/28/1998 11:02:00 PM
From: Enigma	Respond to of 116837

<Gold as part of a portfolio>. There was a posting on this recently which I didn't read thoroughly and didn't take in whether the writer was talking about the metal or stocks - but personally I would own gold stocks or a gold mutual fund - because I think there is more leverage than with the metal itself and it's easier to buy and hold - although gold can be held via certificates. In the 30s in the States it was illegal for individuals to own gold - hence certain stocks (like Homestake) became proxies for gold. The background was one of national emergency. I think it would be difficult for the government to enforce this sort of thing today. E.